ABA–NBA merger television revenue agreement

E627351

The ABA–NBA merger television revenue agreement was a landmark deal in which the Silna brothers secured a long-term share of NBA television revenues in exchange for folding their ABA franchise, ultimately becoming one of the most lucrative sports business agreements in history.

All labels observed (1)

Label Occurrences
ABA–NBA merger television revenue agreement canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf contract ⓘ
legal settlement ⓘ
sports business agreement ⓘ
television revenue sharing agreement ⓘ
associatedWith NBA broadcast contracts ⓘ
Spirits of St. Louis owners ⓘ
beneficiaries Daniel Silna ⓘ
Ozzie Silna ⓘ
Silna brothers ⓘ
category ABA–NBA merger ⓘ
sports economics ⓘ
sports law ⓘ
television in the United States ⓘ
characterizedAs landmark sports business agreement ⓘ
unusually favorable to the Silna brothers ⓘ
comparedTo other franchise indemnification deals in professional sports ⓘ
compensationFor agreement not to join the NBA as an active franchise ⓘ
compensationStructure percentage of gross NBA television revenues ⓘ
compensationStructure perpetual share of NBA television revenues ⓘ
compensationType share of NBA national television revenues ⓘ
context ABA–NBA merger ⓘ
country United States ⓘ
dateSigned 1976 ⓘ
economicImpact tens of millions of dollars paid to Silna brothers over time ⓘ
hasParties Daniel Silna ⓘ
National Basketball Association ⓘ
Ozzie Silna ⓘ
former American Basketball Association owners ⓘ
hasSubjectMatter franchise indemnification ⓘ
media revenue sharing ⓘ
television rights ⓘ
industry professional basketball ⓘ
sports media rights ⓘ
involvesFranchise Spirits of St. Louis ⓘ
involvesTeamOutcome folding of Spirits of St. Louis franchise ⓘ
jurisdiction United States ⓘ
longTermEffect legal disputes over scope of television and media revenues ⓘ
ongoing payments to Silna brothers for decades ⓘ
notableFor being one of the most lucrative deals in sports history for a defunct franchise ⓘ
extraordinary long-term profitability for the Silna brothers ⓘ
long-term impact on NBA television revenue distribution ⓘ
purpose compensation for exclusion of Spirits of St. Louis from NBA ⓘ
relatedEvent 1976 ABA–NBA merger ⓘ
resultedFrom exclusion of Spirits of St. Louis from NBA expansion ⓘ
revenueShareScope NBA international television revenues ⓘ
NBA national television broadcast revenues ⓘ
revenueShareScope NBA national cable television revenues ⓘ
timePeriod early 21st century ⓘ
late 20th century ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Daniel Silna → notableEvent → ABA–NBA merger television revenue agreement ⓘ